Trading in Black and White Forex Trading Newsletter - 06/06/2006

Trading in Black and White Forex Trading Newsletter - 06/06/2006

In case you are wondering, however, we are not in any trade. So you do not miss the profits.

On another note, please keep an eye on your inbox today. We are going to send you all an invitation to join us on "Trading in Black and White Forex Trading Contest. This is a brand new game, and if we can be so brave, a great opportunity for all of you to win prizes. You'll see a website that will send you that there is reward for just signing up.

So, let's move the trading of airtime.

We had another test of 1.8800 high is failing. Not surprisingly, given the obvious bearish divergence between the MACD and the price per hour scheme.

Over the last few weeks we have been trading at levels that are very difficult for us to read. Most of the indicators that we want to be worthless during this period.

We remain within these "hard" levels today. So we tread lightly with our trading as to avoid any major losses.

It is important to know when to put the fuel on the fire and when not.

With all that being said, let's move on to looking at trading tonight.

While staying in this country "no-man" We tend to favor one-sided trading. That means we do not look as long and short trades. We see only one or the other.

We decided to look for a short trade, but in no way means that there is a good long trade to be had. This goes to show why it is so important for you to learn and perfect your own trading style.

Several of our traders believe there is good support levels at 1.8650 and 1.8600. They have valid reasons to believe this, but they do not meet our standards for entering trades.

We, on the other side is going to look to high and low is 1.8700 1,8800 's for the chance of a short cable.

We know this is not one of our informative newsletter, but we try to share with you our personal thoughts. And tonight we were able to confidently decide anything.

These trading levels are confusing to us. In fact, some traders look forward to sleeping in tomorrow because they will be doing some trades tonight.

This just goes to show you that there are different trading styles, and many of them work. It's just a matter of finding what makes the most sense for you.

It ends newsletter for tonight. We are sure that you know that a lot more information packed those who come (just like the hundreds you've already received).

We believe that these support and resistance levels using a set of technical indicators and other variables that were found to be very successful for us. We use several other indicators and a variety of technical analysis techniques to enter and exit all of our trades. Each merchant will have a different combination of indicators that makes the most sense for them. Learn how to develop your own successful Forex Trading style with this elite Forex Trading Course.